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in u.s. history. sandy could cause more wind and flood damage than hurricane irene did last year. new york city and especially lower manhattan saw its shares of flooding monday with water reaching record levels in some areas. and speaking of which, cnbc's bertha coombs is live for us outside the new york stock exchange this morning. thank you so much for joining us. can you tell us what conditions are like where you are and what dnlg you' damage you're seeing? >> reporter: it's actually fairly dry. last night in fact the new york stock exchange take to go twitter to dispel rumors that the trading floor was under three feet of water. if you can take a look behind me, the new york stock exchange floor is actually half a floor from the street level where those first balconies are. so for to be under water would be tremendous. we didn't have water in this part of lower manhattan despite that record surge. it was mostly over in the battery. will is significant flooding in several low lying areas especially near rivers. that's on the lower east side. we actually saw a transformer there blow
through like katrina or like irene? >> every storm is different, as i said. we have their own hazards. irene was a storm that moved parallel to the coast with most of the heaviest weather to the right so there were a lot of folks very close to the center in new jersey, for example, that didn't really know that there was a lot going on. this storm instead, first of all, it's much larger than irene. it's coming directly at the coast instead of parallelling it. the effects are spanning hundreds and hundreds of miles, much more so than irene. >> ifill: this storm is hovering with lots of rain centered over one area. how many days do you expect we'll be coping with the fallout from all of that? >> well, i think that it's going to take until wednesday before conditions really significantly improve so that people can get back and start looking at what happened. tomorrow it's still goingto be a bad day because the system is going to slow down once it gets towards pennsylvania. it will weaken, but it's going to take a long time for this system to wind down. >> ifill: james franklin of the nati
, for irene they were 7, but irene was closer to 20, i think they will be as bad. but now, look at all stores that are closed, flights that have not gone out, hotels and businesses onshore and new york city that are down for 4 days, that is a loss of income. that is 20 billion that gets me to 40. gerri: wow, okay that makes sense. people underestimate the costs. i read new york city alone is an economy with $4 billion that pumps out $ 4 billion every day, times 5 is $20 billion, not just damage you repair. it is also the loss of productivity, workdays, loss payroll, it could be far more devastating than we've been talking babout, you also said, in short term painful but longer term we get a bunch of federal dollars that will pump energy into the economy. >> absolutely, if we have $20 billion in property damage we spend more than that rebuilding, we always do, on the shore property so valuable, they will build bigger homes and businesses. obsolete capital will be replaced by modern capital. we'd get multiplier effect, you spend a dollar on infrastructure, you get a dollar 80 in gdp from additi
the winners, so to speak, and the losers because it is asymmetric, right? >>> now last year hurricane irene's initial projections were $7 billion. turned out to be $15 billion. there were a lot of ancillaries once the checks come out from the government and private insurers. stimulus to the gdp. not big enough to move the needle. this one we're getting initial projections is much bigger. the two cohorts in stocks most impacted the home depot-like places, let's call them that, they were basically moved up a day ahead of the storm and then pulled off once the market turned out to be. >> we didn't see much of that on friday in terms of home depot or at lowe's which i thought was interesting and most of the retailers have closed their books on saturday, last saturday, so the impact of the storm won't actually be seen until the following quarter or the next month when they report retail sales. lowe's is the exception. they closed books on saturday. all the runup, the generators they've sold, the batteries, the flashlights, those things were almost sold out pretty much across the board. that shou
hurricane irene and giving you the side of the storms and how they compare. this image from nasa. the one on the left is hurricane sandy and right is irene. it is uncommon for a tropical system to track so far, north, especially during this time of the year >> it is so late in the year, it has taken a lot of people by surprise. we were talking about this with lynette and up to the arrival. the wind, the rain and the severity on our side of the storm. this is a perfect mix to the east and west. >>> that's right. that's our 2 degree guarantee. snow to the west. west virginia and western maryland, up to 2 to 3 feet of? snow. so, yes. you know what, even in the forecast i would not be surprised if this moved further to the east. maybe carol county, big wet flakes into the evening and tomorrow morning. that is not out of the question for right now, we're dealing with plenty of rain coming down across the area. with that, we do have flood warnings up. that's going to be through today. maybe even through tomorrow. right now, the entire viewing area is under the flood warning and even points to t
quickly to change positions. already we've had more water from sandy than we did last year from irene. we're being told that protectively they'll shut off power down here soon so we hope everybody has gotten somewhere safe. sandy is coming. the question is, how will new york city handle it? the big apple has been shut down to its core. lower manhattan looks like a ghost town. wall street will be closed for consecutive days because of weather for the first time since the 1800s in a place where you have to look up to see where many live, skyscrapers are a concern. wind speeds on the ground are half those on the top floors. sometimes forcing buildings to sway. >> the further up you live the more reason you should close your drapes and just stay away from windows. >> reporter: watch this bath water slosh in a brookline high-rise in gusts of barely 40 miles an hour. half what's expected from sandy. at ground zero still under construction special precautions as teals have worked for days to disassembly a mashed down piece of machinery. fears heightened by that ten-ton steel arm dangling from a
feet higher than the water level was with irene, august a year ago. we're staying hunkered down and bringing pictures the best we can. >> we appreciate that, mike, i don't have to tell you the real estate there is hugely valuable for the state of new jersey. it is a recreational playground all summer for millions of american families. what is high tide where you are? is this the after-effect of the mean high tide on the jersey shore? >> reporter: yeah, the high tide is occurring right about now. it ranges generally between 8-8:30 between atlantic city and up here. so it is occurring right now. so we would suspect, now that the storm has gone inland, and the winds generally -- eventually will come around offshore, that it won't get much worse than this. the water won't get much higher. but again, it is already two and a half to three feet higher, at least at sandy hook than it was with irene. so that puts that in perspective. and i think when we get first flight tomorrow you will see how the entire coastline has been re-arranged from the entire storm. >> i think my wife and i had
this will be a severe strm, but similar to past noreasters. >> reporter: last year's hurricane irene was the most recent storm pummel theor northeast. it cost the industry roughly $4.3 billion in insured losses. analysts can't yet predict howse steep losses from sandy will be, but they say the companies with the most exposure ilude:de liberty mutual, avelers, allstate, and chubb. auden thinks those firms will bl able to shoulder a financial hit if the storm's damage mirrors that of irene. >> with every event cpanies gather more information on potential losses, so catastrophe losses become much more sophisticated. companies use those to measure aggregationf lossan ential losses from a given event. >> reporter: damage from wind, falling trees, and rain coming through roofs is covered by standard insurance policies. but analysts fear much of the damage from sandy to homes and businesses is likely to come from storm surge floodinwhich isn't. the insurance in rmationon institute estimates roughly 300,000 homes in the northeast could be vulnerable to this type of event. but the institute is optimistic many h
manhattan shattering the previous record that because set by eileen whic irene which folks thought was pretty bad 14 months ago. sandy was nearly 1600 miles when it caught up with the winter storm in diameter and created very dangerous seas over a stretch of the atlant atlantic nearly 1600 miles in diameter. it has been a devastating storm. we are waiting right now for an update from the new york city mayor michael bloomberg on all of this. you've seen our reporters have been out there this morning and been devastating.us the damage that the scene where mayor bloomberg will be moments away. look at these pictures, it literally rushed into the shoreline of new jersey last night. 80-mile an hour wind there, pushed a wall of water inland -frbgs looking a -- look at the flooding in these areas. this shows us the true scope but it's yet to be completely understood. we start this with a brand-new hour of "america's newsroom." i'm martha maccallum. >> i'm bill hemmer. good morning again we are live in the battleground state, columbus, ohio today. the mayor again briefs in a matter of mome
. for irene, i'll step out of the way. you can see irene, over 600,000 without power. of course, a lot of folks remember that. that was just a year ago with the derecho during one of our hottest times of the year and temperature over 100 degrees, we had a million people without power. that was the system that came in fast. and without of course, a lot of preparation. sandy, over 450,000 without power. so less of an impact in terms of power outages but a the downed trees throughout the area that had to be dealt with. such a large storm system that's having impact on the rest of the country. one that we will truly remember for quite a long time. 43 degrees is our current temperature with the south win at ten miles per hour. we're still feeling that moisture in the air. so as temperatures drop overnight, it will be a chilly start to the day tomorrow. in the 30s. 35, frederick. 38 in la plata. we'll have a lot more on sandy's aftermath coming up in a couple minutes. >> thanks. >>> the next big project when it comes to sandy is the clean-up. prince george's county bureau chief tracee wilkin
across the new york airports. with this one in particular, a little bit different from hurricane irene and the high tide and the flooding in the search that is going on. we are keenly interested in whether the airports will be at flood stage. that is a real possibility with this one. neil: what happens? is it done in the order of flights that were canceled immediately? if you were among those who had a flight canceled yesterday, you were first up to get your flight back off the tarmac today or tomorrow? how does it work? >> the best analogy is a thousand piece jigsaw puzzle that gets thrown in the middle of the table. trying to put back together as fast as you can, but there is a lot of systems that goes into that. this one is unique because it's not just the weather disruption, but also a system disruption to us because we really evacuated 60 aircraft out of the northeast all the way from washington to boston. neil: where did you bring him? obviously want them out of harms way. >> absolutely. we have some in the midwest. the first order is to get the fleet left where it belongs. then
and buildings. >> it's vr important. this is the stop the water from gog into the subway. >> irene last year didn't look like this after it hit. >> they expect the storm will pound a wide area for several days. >> sandy has interacted with cold air from the north and it's become a post tropical cyclone. it's not a tropical cyclone anymore but the field of heavy rain and strong winds are expanding and things will get even worse bause the center of a former hurricane sandy is expected to move into the new jersey coast. extremely dangerous storm surge combined with high tide could cause flooding. that's why hundreds of thousands of people have been ordered to evacuate. it's going to move through pennsylvania into new york city. rain will spread as much as 2000 millimeters with 300 millimeters possibly into wednesday. temperatures are on the chilly side. look at this only 8 degrees in washington, d.c. 10 degrees in philadelphia. lots of heavy know is occurring along the appalachians. we'll will joined later on in the program for more of our updates. president obama and republican challenger mitt
will likely exceed the $12 billion to $16 billion from hurricane irene which battered the northeast in august of 2011 says a chief economist. and an economics professor at smith ity of maryland school of business estimates it will result in about $35 billion to $45 billion total losses. and another company projects $10 billion to $20 billion of damage about half insured. property damage will be repaired and lost economic output will be adjust set by other increased activity as residents prepare for the hurricane. and here is another story about economic impact from "wall street journal." losses may exceed those of the 2011 storm. airlines and shippers expect an extended disruption. will cost them millions of dollars and leave thousands of fliers and goods stranded. airlines will cancel a total more than 14,600 flights as monday and more than the roughly 10,000 canceled due to hurricane irene in 2011. irene comes united continental holdings about $40 million in revenue. delta airlines said hurricane irene forced it to cancel about 2,200 flights costing $15 million in profits. delta has cancele
years.he's lived thru agnes irene isabel in this house he says this is by far worst the damage. massive trees crashed &pcann see thru it kitchen mass of trees" vo. mcclary's son says his ather was watthing tv arrund 9 pm last night when he heard an inccedible boom. it was sandy toppliig treee, crushing the roof innthree &pdiiferent placcs. wter is pouring thru light fixtures now . to gets the trees off the mcclarys will need crane, but after calling fivee &pcompaniee...no onns avaalabbe.robert mcccary /ssorm victim 042602 feel noise .....ii was exciting". janice. &pincredibly mcclary never lost power duriig any of this, butt there's so much damage inside and outt they now have the tough task of deciding if they want to stay. in glln aam jp fox 45 news at 550. pow are the roads loooing tonig? tonight?brandi procttr has our traffic edge reportt report. maplibbrtyshawanmaps395map while we're 3 a masssve fire that destroys morr than 50 homms.why hurricane sandy made fighting the fireeso much moree difficult.. commng up. 3 --adblib weather tz-- - stephanie rawlings-blake: voting fo
of magnitude here. this is twice the number of impacted households as hurricane irene. hurricane irene was 1.2 million impacted households and this is 2.4 million impacted households. 1.2 million of the 2.4 million for pse&g, 935,000 from jcp & l. 195,000 from atlantic city electric and 45,000 from orange in rockland. during hurricane irene restoration took eight days for full restoration. for hurricane sandy, the full restoration may, in fact, take longer. full damage assessment will not be complete until 24 to 48 hours due to some of the weather delays. they cannot develop the timeframe for restoration until damage and estimates are under way and obviously these difficult weather conditions are making this more of a challenge. however the utility companies have reached out to other states for assistance and we are expecting additional linemen. servicemen and free clearing workers from states as far away as texas, indiana and folks coming in to us from canada. it will remain extremely dangerous in areas where trees and wires are down. ask people to use extreme caution and assume any wire yo
received? >> we don't have the exact counts on that. there is water damage. >> hurricane irene, we know state wide $1.3 billion in damages your community affect bid that. any lessons learned from that in 2011? >> we here abide by our planning and execute our 120 hour plan of giving people plenty of notice in an impending danger is coming. and we always hope for the best. unfortunately, the worst has come. >> okay. finally wrapping up any word you have to residents you that want to leave with them with this sneng. >> only use 911 for life threatening emergencies. nor nonlife threatening emergencies use our nonlife threatening emergency hot line. >> thank you. we'll check back in with you. thank you. >> this storm is making its presence felt now. sandy taking aim at the nornl east this hour. warnings to head for higher ground coming for days now. coming up next, we're live where 30,000 people were told to get out and get out, fast. >> catastrophic event we have faced in any of our lifetimes. >> there will be people who die in this storm. >> this is not the time to be a show off or stupid.
irene, which hit last august in the same area. but by any measure, this storm, seemingly crushed irene. there really is no comparison, right? >> there's no comparison. i guess you could say, this is kind of like new york city's katrina. just devastating impacts here. this historic surge, 13 feet. all of that water coming on and those high wind gusts. worst-case scenario did pan out here, unfortunately. >> all right. mark mancuso, from accuweather. thanks for joining us this morning, mark. >>> straight ahead, more of our continuing coverage of sandy. the airlines trying to get back to normalcy. and what the red cross is doing to help out. >>> plus, more incredible video from across the storm zone, including rescues that didn't have to happen. we'll be right back. new pink lemonade 5-hour energy? 5-hour energy supports the avon foundation for women breast cancer crusade. >>> welcome back, everyone. 5 million people take the new york city subways every day. and this morning, the entire system is shut down. seven subway tunnels under the east river are flooded. and the electricity that pow
storm and look as the these from nasa, now sandy is there on your left and irene is on your right. sandy is about twice as big as irene and it is shortly downgraded after hurricane status, they will decide on approving a new tax and they have spent about 2. $5 million. the measure would add 1.5% tax on sugary drinks. now richmond's mayor said it is a good way to begin the fight against obesity. >> and we know it is the perfect place to start because it has absolutely no nutritional valley. it is twice the calories... >> it is going to result in higher grocery bills whether or not they drink soda. >> it is fun to buy it and they will be the first in the nation to impose a tax. >>> the giants dugout, they were expecting even bigger crowds after tomorrow's parade but authorities are worried about counterfeit money gear and they have confiscated 1200 shirts being sold illegally. you can tell it is counterfeit money if it lacks the hologram sticker. >>> and they are offering everybody in game two of the world series but you can get more from taco bell and if you happened to be there, it is an
seen it. worse than irene. this is a frustrating situation to him. it has all to do with underground infrastructure. i shouldn't say only because that would be a record breaking storm surge. we had one that was higher than that. that's the main reason that it will take so long. >> some of those areas deliberately shut down power out of precaution. explain what happened. >> it is convenient because you don't have wires aboveground. but during a flooding situation that can spell big problems and it did. so they will shut down some of the stations as a precautionary measure and saeal them off so they don't get the corrosive salt water in there. they judged it on the past historic storms and built it higher than that. that's exactly what sandy brought them. so an unprecedented event and something that really they didn't plan for. i asked them are you going to look into upgrading that? that would cost serious dollars but he did acknowledge, that's a question that certainly has to be discussed. >> i know you have spoken with a lot of new yorkers. how are they reacting? especially the lower
because the last time we had a big hurricane was irene and it was blown out of proportion as well. this one may be a little stronger but. >> irene i'll tell you what did a lot of damage in different places and the reality here -- thanks a lot, folks, the reality here is that a little bit of waiverring can make a huge, huge difference and you can see as time goes on, it can also make a big difference. you can come over and look at the patomic and rock creek is high and as that water comes down out of the mountains, there is serious potential for flooding. let's take it back to you. >>> bruce live in foggy bottom. found himself company, folks that tend to think the hurricane is over blown, fact is, if you look up the street in some of the neighbors and farther up the road in new york city, they will tell you this was not over blown and a complete disaster. >> thank you. we'll check in with topper but this thing is speeding up and making landfall there near atlantic city and then going inward toward philadelphia, toward new york city and causing terrible damage. we really did lu
a blustery, nasty day. >> before this made landfall, this storm seemingly crushed irene. there really is no comparison, right? >> there's no comparison. i guess you could say, this is kind of like new york city's katrina. just devastating impacts here. this historic surge, 13 feet, all that water coming on in and the high wind gusts. worst-case scenario did pan out here unfortunately. >> all right. mark mann cue sew from accuweather. the airlines trying to get back to normalcy and what the red cau cross is doing to help out. >> plus more incredible rescues that didn't have to happen. we'll be right back. en. we'll be right back. >> announcer: "america this morning" brought to you by 5 hour energy. 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer resea
through that we might know? >> exactly. it was very similar to hurricane irene last summer where the winds expanded several hundred miles out from the center of the storm. in a typical hurricane, most of the strong winds are near the core of the hurricane. in this case, obviously the strong winds were hundreds and hundreds of miles out from the center. that is very similar to hurricane irene last year. >> greta: do you fly straight through it? i imagine it's a rough ride and when you get to the eye of the storm it's calm. is that not what happens? >> well, we fly at 10,000 feet, and the idea is to go right through the center of the hurricane so you can measure the core of the storm, and then also measure the winds on the periphery of the storm, so it normally gets very rough right near the center and then typically out away from the center when the winds lighten up, it's not so bad any more, and in this case, for hurricane irene, at least on friday, the strong winds were well out from the center, and we had some really nasty stuff to go through on the north side of the storm, probably 105,
. a lot of people said they were not going to ride it out like they did irene. it's hard to say. you can see some of the windows in some of these high rises where there is power to them, generator power or what have you, but obviously it's very dark down here in lower manhattan with the power that's been shut off on purpose in many areas and that's the con edison said that they are doing that so they can easily -- more easily restore power once this storm goes through. but they've got a lot on their hands tonight, as we mentioned, with that explosion on one of the transformers on the other side. >> ida single, thank you so much. if we can go back to that video that we were just looking at, for people that have not seen the coverage throughout the evening, this is a picture of a crane atop a luxury high rise in midtown manhattan. it has been dangling precariously, dangerously off the top of that building which has become known in manhattan as the global billionaire's club because the nine full floors at the top have been sold to billionaires. two of the dupe pleks are $90 million each. yo
mean, twhapd during irene? >> caller: well, i have to tell you, i was here personally, the same way. and probably, it was exactly the same scenario. i think most people are heeding the warning and are staying home and staying put. and that's allowing them to stay safe and not, you know, causing the unnecessary injury or illness from occurring. >> yeah. similarity. so, so far, so good, right? >> caller: so far, so good. we are keeping our fingers crossed. like i said, we have extra staff on board tonight. everybody's bunking out at the hospital. we are waiting to see, you know, if we are needed. >> doctor, this is heather, i did want to ask you a question. i know you don't want to talk specifically about the situation right now at the new york medical center where they are evacuating people. but what happens when have you patients who are on ventilators? they have at least four infants on ventilator there is. they are having to evacuate them and take them out of the hospital, carry patients down the stairwells. how do do you that? >> caller: well, very carefully, obviously. but what
surge right now, that's just the water rise alone with this, 6.6 feet. that's 2.2 feet higher than irene. we're awaiting that high tide coming up. for example, irene was about right here, all right, and what we could see with another two and a half feet is up through here. >> no campaigning for the president. he is locked down at the white house, telephoning governors and mayors and meeting with fema. >> mitt romney is not campaigning but holding what his campaign calls a hurricane relief event coincidentally in battleground ohio. >> we have a lot of goods here and i know there's more coming in and we're going to box these things up in just a minute and put them on some trucks and then we're going to send them into i think it's new jersey. >> new yorkers ordered off the streets last night it was a lonely late night for letterman and fallon. no live audiences to laugh at their jokes. >> got up this morning, turned on the radio and listened for the talk show closings. i have no luck. >> talk show closings. >> yeah. >> that's a play on -- >> wait a minute. i think i hear people banging at t
the water from going into the subway so we won't have a flood. >> irene last year didn't even look like this after it hit. >> forecasters say they expect the storm will pound a wide area for several days. and with just nine days to go before the u.s. presidential election, the hurricane is altering the schedule and strategies of the two main candidates. president barack obama was set to campaign in three key states on monday, but he cut his trip short and returned to washington to monitor the storm. in 2005 obama's predecessor george w. bush was harshly criticized for his slow response to hurricane katrina. the storm devastated the south of the united states including the city of new orleans. republican campaign evented eeds in the s of virginia on sunday. both campaigns are concerned about the negative impact of early voting. ballots cast ahead of the election account for 30% of the total. we now go to sayaka mori who's been following this storm for us. >> yes, catherine. sandy is quite a massive storm. clouds are blanketing eastern portions of the u.s. into eastern canada. we have lo
than irene's 15.8 billion, last year. but far below katrina's 108-billion dollars and 18-hundred deaths and missing in 2005. unless there is damage to infrastructure, economists say ports and rail yards will make up for lost business quickly. some stock trades, perhaps not--because a light week was expected pending the outcome of the presidential race, a week from now. among insurers, allstate, travelers and chubb corp have the largest market share in sandy's path. corelogic, estimates it includes 284,000 homes worth $88-billion dollars. economists are mixed on whether the storm's impact will affect fourth- quarter g-d-p. mark vitner, senior economist with wells fargo securities says it depends how much is shut down and for how long. mark zandi at moody's analytics says the storm may cause spikes in economic activity--repairing and rebuilding. depsite the storm-- the government is expected to report unemployment numbers for october this friday. phone companies along the east coast are preparing for the likelihood of overtaxed communication infrastructure during hurricane sandy. at&t is
. thank you for being with us. >> thank you. >> we're going to be taking your calls on hurricane irene -- did i say irene? >> you are so retro. >> god i'm doing like a hundred things here. >> can you absolutely positively guarantee that it will give me an orgasm? >> yeah. >> announcer: it's the "stephanie miller show." ♪ ♪ the trucks are going farther. the new 2013 ram 1500. ♪ ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ ♪ guts. glory. ram. the natural energy of peanuts and delicious, soft caramel. to fill you up and keep you moving, whatever your moves. payday. fill up and go! ♪ ♪ one night in bangkok [ inaudible ] can't be to careful with your company ♪ ♪ i can't feel the devil walking next to -- >> announcer: stephanie miller. ♪ i get my kicks above the waistline, sunshine ♪ >> obama: i'm not worried about the impact on the election. i'm worried about the impact on our families on our first responders, on our economy and transportation. >> that was the president being presidential yesterday. >> i'm worr
the number of i want pacted households as hurricane irene. >> reporter: as new jersey surveys the damage, sandy is now soaking areas inland downing trees and power lines in its path. and new jersey's governor said the losses there are incalculable. certainly in the billions. >> we're just looking at the video all those boats stacked up together and stuff. where do you start on something so massive? >> reporter: well, you just start from the beginning like they are here on delaware shore. already there are earth movers here dumping sand into all the holes that have been made here. the crews are out here already starting to clear the paths and getting the power lines back up. so really it's going to be weeks and months of clean-up and getting everything going again. it's just one day at a time. >> all right, susan mcginnis live in delaware, thank you. >>> and we are just learning that president obama has announced that he is going to travel tomorrow to new jersey to survey some of the damage there. >> indeed. >>> meanwhile, millions of people from maine to the carolinas are without power a
. >> damages are likely to surpass those of last year's hurricane irene. sandy has move left much flooding in its wake, paralyzing new york's mass transit system and leaving millions in the dark -- sandy has left much flooding in its wake. >> here is more from america's most populous city. >> the storm has moved on, but the water remains. many of the city's road and subway tunnels are still flooded. public transport will be out of action for days to come. the effects of sandy can be seen on the streets -- residents are relieved that the worst is now behind them. >> well, last night, we could look down this street here, and we saw the river coming toward us. it actually look like something out of a movie. it was unbelievable. >> near central park, a crane dangles from a construction site over the street below. the storm caused it to partially collapsed. there are still strong winds, but nothing like those of monday night, which saw gusts of up to 130 kilometers per hour. there were record levels of flood water. emergency services are working around the clock. firefighters were called to a l
to this storm after hurricane erin green. -- hurricane irene. this is an island. it is very vulnerable to flooding. that has been known for some time. need some sort of coastal defenses. >> thank you very much. for the last 24 hours, images have been coming in of the sheer strength left by sandy. here are a few photographs that capture these images. ♪ ♪ >> the extraordinary images of new york city, a city that all of us know so well, but it looks very different today. that brings the program to a close. i'm kathy kaye. thank you for watching. i will see you tomorrow. >> make sense of international news at bbc.com/news. >> funding for this presentation was made possible by the freeman foundation of new york, stowe, vermont, and honolulu, newman's own foundation, and union bank. >> at union bank, our relationship managers use their expertise in global finance to guide you through the business strategies and opportunities of international commerce. we put our extended global network to work for a wide range of companies, from small businesses to major corporations. what can we do for
, running between $10 billion and $20 billion, according to eqecat. hurricane irene did $10 billion damage 14 months ago. >> susie: wall street was closed again today for the second straight day because of hurricane sandy. this is the first two-day weather-lateshutdown since 1888. but the major exchanges are expected to reopen tomorrow. all systems are a go. the new york stock exchange said the opening bell will ring as usual at 9:30 a.m. eastern time. the nasdaq will also open for normal operations on wednesday. that's just what investors wanted to hear. both exchanges have been running tests today to make sure all systems were running smoothly. >> susie: the nyse's building is located on wall street, just blocks away from the section of lower manhattan that was deluged by hurricane sandy. but there was no flooding at the big board, and no other damage to the building, trading floor and trading systems. but while the nyse and nasdaq expect tomorrow to be business as usual, it won't be a typical day for people trying to get to work. many of new york's bridges and tunnels are stil closed nd
? >> well, charlie, it's a major disaster in new jersey. and, you know i've gone through irene, the october snow storm, the blizzard in 2010. this is, by far, the worst thing we've gone through. we have 2.4 million people or households, rather without power, over 200 state roads closed. it wasn't actually a levee. it was a berm and the berm was overwhelmed by the tidal surge that came up the raritan bay. we are in the process of rescue rescuing people from moonachie, in middlesex county rescuing people from their homes not from river flooding but tidal surge from the bays. not even to mention what's happened on the jersey coastline, which i think in the long run will be the part of the state that's the most devastate ed ed. you saw the scenes yesterday from up and down our coast. new jersey, obviously, this is where it came onshore. i think the state of new jersey took it in the neck worse than any other state. it's going to take us a while to dig out from under it but we will dig out from under it. >> many people waking up now to all the damage. can you calculate how mu
evaluaciÓn de los daÑos. se trata de una tormenta mÁs costosa de lo que fue irene el aÑo pasado, univisiÓn. >>> no se nos puede olvidar que todo sucede a una semana de la elecciÓn presidencial ¿serÁ la sorpresa de octubre?. ¿serÁ este el hecho que cambie el rumbo de la elecciÓn?. sin duda serÁ un elemento a considerar, mÁs adelante regreso con mÁs informaciÓn. >>> si desea enviar ayuda comuniquÉse con la lÍnea activa de univisiÓn al nÚmero en pantalla. >>> en instantes el duro golpe de sandy es econÓmico, a cuanto podrÍan as centcender los costo materiales. >>> el presidente obama imiy mi romney se hicieron visibles. >>> numerosas escenas impresionan impresionantes como estas, les vamos a mostrar mÁs al volver. hay que agregar los cuantiosos daÑos materiales, anÁlisis indican que podrÍan ascender a decenas de miles de millones de dÓlares, muchos damnificados ni siquiera podrÁn contar con la protecciÓn de un seguro. >>> millones de personas desde las carolinas hasta main han sufrido directa o indirectamente el impacto de este fenÓmeno, vÍctimas fatales superan las 3
, for hurricane irene, we expected the worst. we had no idea what to expect. the damage is something -- it is definitely something [indiscernible] >> i guess there are an awful lot of people who will need help and it will be sometime before n.y. get back to normal again. >> getting all of the areas that were damaged help and for people out of power, it is going to be a big operation. >> thank you very much indeed for talking to us. i hope your community center gets pumped out very quickly. that me give you a bit more on this levee we heard about in northern new jersey. it is flooding towns with four to 5 feet of water in the wake of hurricane sandy according to officials at. we are in rescue mode according to the chief executive. what we have been hearing from local people is what has happened is there was a trailer park there which has been inundated and people have been climbing onto their roofs of their trailers for safety and waiting to be rescued been that there is obviously now a major rescue operation unfolding now in that county in northern new jersey. obviously we will keep
. my mom was down there. she said the tides were well above average, right there with irene. we have bigger waves. there it is, ocean city pier. it's gone. just the remaining two thirds of the oc pier, rainy, windy kind of a day, delaware, kent island. higher than normal on the bay because of that rising effect from really the full moon cycle and all the runoff from sandy. 42 at the airport, cold. the cold continues to spin. we continue to see the last effects of the storm drifting north but tomorrow will be mostly cloudy, breezy. i think we're dry by thursday. the cold air will keep funneling in. as we take one last look at it, less and less extinct. bring the big winds to the bay and bringing snows to the mountains and could, in fact, as a parting gift, bring a few wet flakes to the baltimore area. we're down to 36. it's going to be a cold night. 54 tomorrow. chilly, breezy. tomorrow night cool and dry. here's the outlook. the next few days sunshine will be the story into the middle of next weekend. we'll look for low 50s with lots of sun. on the whole, not a bad deal at all. >>> n
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